Need an urgent onsite/remote risk assessment?
Saturday, 06 June 2026 by Midvaal Risk Management
There are many expenses in every day that, both as individuals and as businesses, we grudgingly accede to or even avoid if we think we can get away with it….
Everyone knows that insurance is one such grudge purchase that no one enjoys paying for, but is very welcome when the proverbial mango hits the rotating air impeller. At that moment, the grudge goes away, if you have overcome resistance to this cost and just bitten the bullet. Of course, if you thought that nothing is going to go wrong, it hasn’t in the past and wont going forward, and dodged the cost of insurance, you may well have what I refer to as an “I wish I had” moment.
The same considerations apply to medical aid, car maintenance and so many of the things of everyday life that cost money with no immediate perceptible pay back.
The same applies to business owners, who all to often consider Health and safety systems and investment to be a grudge purchase when set of against capital equipment investment, operating costs and all the myriads of things that collectively make the business work.
And just as with any other insurance, a compliant health and safety system is a grudge purchase until you need it. The consequences of not meeting the legislated requirements for health and safety can be dire, from fines, to business closure or worse. I wont even mention the moral imperative around securing the well being of your people. They make your business work.
An investment in a compliant safety and health management system and culture is insurance which no business should be without.